BNET Industries
Last Fiscal Year Sales:$1.5B
- Private
- US
Dow Jones Description
Millennium Inorganic Chemicals ("MIC") (www.millenniumchem.com) is a wholly-owned subsidiary of Cristal. "TASNEE," a Saudi major diversified company with chemicals and petrochemicals operations, owns 66 percent of Cristal, while 33 percent of Cristal is owned by Gulf Investment Corporation ("GIC"), an investment house established in Kuwait by the GCC countries.
Senior Vice President
Peter HanikNumber of Employees 749
Peer Companies
NAICS Code Support Activities for Coal Mining: 213113
News & Analysis
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millennium chemicals inc. and texas instruments inc. - All News and Analysis
Demand rebound brightens the outlook for Ti[O.sub.2].(Inorganics)(titanium dioxide)
- 2004-05-26
Strong demand growth and a lack of new capacity has driven up titanium dioxide (Ti[O.sub.2]) prices by about 3% so far this year, producers say. Ti[O.sub.2] demand jumped 4%-6% year-over-year in the first quarter, and is expected to rise another 7%-9% year-on-year during the second quarter,...
Titanium dioxide. (Product Focus).(prices)
- 2003-03-12
Prices U.S.: $2,200-$2,300 /m.t. del, fourth quarter EUROPE: [euro]2,200-[euro]2,400/m.t. del, fourth quarter ASIA/PACIFIC: $2,000-$2,200/m.t. c&f, spot Outlook Titanium dioxide (Ti[O.sub.2]) prices and margins are expected to improve this year due to tightening supply-demand balance,...
Another price push for Ti[O.sub.2]. (Basic Chemicals & Plastics).(DuPont, Millennium Chemicals increase titanium dioxide prices)(Brief Article)
- 2002-12-18
DuPont and Millennium Chemicals have separately announced price increases on all titanium dioxide (Ti[O.sub.2]) grades sold outside the Americas. DuPont is raising prices by 7% in Europe, the Mideast, and Africa, effective January 15. Millennium's increases, effective January 1, are [euro]150/m.t. in Europe, the Mideast, and...
Millennium embarks on a course to create value in a rocky climate. (News).
- 2002-11-25
MILLENNIUM Chemicals Inc. is taking every possible approach to weather the challenges facing its commodity businesses, focusing on disciplined growth, cost cutting, debt reduction and asset optimization to create value. The company is now starting to see an improvement in EBITDA (earnings before income, tax, depreciation...
Millennium Chemicals announces price increase for Ti[O.sub.2] products
- 2002-03-01
Millennium Chemicals announced price increases on the sale of all titanium dioxide products sold to all end-use market applications in all world areas. Effective March 1, Millennium will increase Ti[O.sub.2] prices by $0.05 per pound in the U.S.; CAN $0.10 per pound in Canada; 150 Euros per metric ton in...
Millennium's Lee to Replace Borst As the Head of Inorganics Company
- 1997-06-23
MARKING A CHANGING of the guard in the titanium dioxide industry, Millennium Chemicals Inc. has named Robert E. Lee president and CEO of its Millennium Inorganic Chemicals Inc. subsidiary, replacing Donald V. Borst, who is retiring. Mr. Borst, 61, has been a leading figure...
Uniting to face the new century
- 1996-12-16
In the heady days of corporate raiding during the 1980s, the UK's Hanson group built itself into a substantial industrial conglomerate. In the 1990s, the company decided to follow the new trend for demerging, delayering and destructuring. As a result, a new company called Millennium Chemicals, made up of Hanson's...
- 1
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Peter Hanik | Senior Vice President |
| Amy N Drusano | Manager, Communications |
| Jack Lushefski |
Extensive management background in many disciplines including general management, research & development, manufacturing, information technology, e-business, quality, and health-safety-environmental. Strong and effective leader able to establish vision and strategy and build consensus across functions to achieve the organization's goals, as well as developing new products, negotiating and managing licenses, joint ventures, and all intellectual property matters. Mr. Hanik most recently was Senior Vice President of Ideation International, has held positions of Senior Vice President Technology, Millennium Chemicals; President and CEO, Millennium Petrochemicals; Vice President Chemicals & Supply Chain, Quantum Chemical; Vice President Reengineering and Information Systems, Quantum Chemical. Mr. Hanik holds a B.S. in Chemical Engineering from Illinois Institute of Technology and an MBA from the University of Chicago.
| Organization | Position | Status |
|---|---|---|
| Millennium Chemicals | Senior Vice President | Current |
| Pretium | Managing Director | Current |
| Outcompete | Managing Partner, Pretium Consulting Services, Llc | Current |
| Information Systems Inc | CEO | Former |
| Information Systems Inc | President | Former |
| Ideation International, Inc. | Senior Vice President | Former |
| Millennium Chemicals | Regional Sales Manager | Former |
| University of Chicago | MBA | Former |
| Illinois Institute of Technology | B.S. In Chemical Engineering | Former |
| Organization | Position | Status |
|---|---|---|
| Millennium Chemicals | Manager, Communications | Current |
| Organization | Position | Status |
|---|---|---|
| Millennium Chemicals | Current | |
| The Pennsylvania State University | B.S. Degree | Former |
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